$PROVE Succinct (PROVE) Extends Decline as Selling Pressure Intensifies
Succinct (PROVE) is trading at $1.0772, down 5.18% in the past 24h, with intraday price action between $1.0712 and $1.1367. Trading activity remains solid with 5.11M PROVE exchanged, reflecting continued market interest despite the decline.
Over the past week, PROVE has fallen 18.68%, adding to a broader downtrend after hitting a recent peak at $1.7419. The selloff suggests traders are locking in profits while momentum weakens, bringing the token closer to its previous support zone around $0.95.
Technical indicators reinforce bearish momentum, with EMA and MACD trending downward. RSI, however, is approaching oversold levels, hinting at the possibility of a short-term relief bounce if buying interest returns.
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